I'm watching $DEXEUSDT sweep that crucial 14.50 level and it's a major bullish sign - we just saw a clear order block zone get taken out, and I believe this is the spark that ignites the next leg up. From a technical standpoint, the high-time frame trend is undoubtedly bullish, with the RSI sitting at 36, indicating there's still plenty of room to run. Volume is virtually non-existent, which can be a blessing in disguise as it allows for a cleaner breakout.
As we take a closer look at the chart, it's clear that DEXE is coiling up for a significant move. The SMC Score is at 3.8/10, which suggests that the smart money is starting to take notice. With the current price at 16.8480, I'm expecting a push to the upside. Here are the key trade levels to keep an eye on:
- Entry: 14.5970
- TP1: 15.0753 (RR 4.2x)
- TP2: 15.7927 (RR 10.5x)
- SL: 14.4830
Given the current market structure, I'm confident that we'll see a strong bounce off this order block zone. If you haven't already, get long and let's target that first take profit at 15.075 for a quick profit.
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